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Best Free Invoicing Tools for Freelancers: Tested 5 Options

Every free invoicing tool I've tried. Wave, Invoice Ninja, PayPal, Zoho, and Square — what's actually free and what works.

SoloFinanceHub Team · · 3 min read

Best Free Invoicing Tools for Freelancers: Tested 5 Options

When I started freelancing, I couldn’t justify paying for invoicing software. Every dollar mattered. I needed something free that wouldn’t embarrass me in front of clients. Here’s what I found after testing 5 free options.


1. Wave — Best Free Invoicing Overall

I used Wave for 8 months and it was genuinely excellent for free. Unlimited invoices, unlimited clients, professional templates, online payments, automatic reminders, and full accounting built in. It’s not “free with restrictions” — it’s actually free.

Payment processing fees: 2.9% + $0.60 (credit card), 1% (ACH). This is how Wave makes money. If clients pay by check or external transfer, you pay nothing.

Why I eventually upgraded: I needed proposals, time tracking, and project management. Wave doesn’t have these. But for pure invoicing and bookkeeping, it’s the best free option by far.

2. Invoice Ninja — Best Free for Customization

Invoice Ninja’s free plan includes 100 clients and unlimited invoices. The self-hosted version is completely unlimited and free (you need a web server). Templates are more customizable than Wave’s.

Best for: Technical freelancers who want design control over invoices. Catch: The interface feels dated compared to Wave.

3. Zoho Invoice — Best Free for Small Volume

Free for up to 5 clients and 1,000 invoices/year. Includes time tracking and basic project management — features Wave lacks. Good if you have few clients but need more functionality than invoicing alone.

4. PayPal Invoicing — Best for Quick and Dirty

Create and send invoices through PayPal for free. Clients pay with PayPal or credit card. Fees: 2.99% + $0.49 per transaction.

Reality: PayPal invoices work but look generic. No accounting integration. No automatic reminders. No recurring invoices. I used it for one-off payments when setting up proper invoicing felt like overkill.

5. Square Invoices — Best for In-Person Freelancers

Free invoicing with Square’s payment processing (2.6% + $0.10 in person, 2.9% + $0.30 online). Good if you also take in-person payments at events or client sites.

My Recommendation

Start with Wave. It’s the most complete free option and teaches you proper bookkeeping alongside invoicing. When you outgrow it, move to FreshBooks ($33/month). That’s the path I followed and it’s the path I recommend to every new freelancer.

Free tools aren’t second-class tools. Wave’s accounting is better than some paid alternatives. Don’t pay for software until you’ve outgrown the free option.

Frequently Asked Questions

What's the best completely free invoicing tool?
Wave. It's genuinely free for invoicing and accounting — no hidden paywalls, no invoice limits. I used it for 8 months and it handled everything a new freelancer needs.
Is free invoicing good enough or should I pay?
For freelancers making under $50K with fewer than 5 clients, free tools are plenty. Once you need proposals, time tracking, or project management, paid tools ($19-33/month) justify their cost in time savings.
Do free invoicing tools look professional?
Wave and Invoice Ninja produce clean, professional invoices that clients respect. PayPal invoices look like PayPal invoices — functional but generic. For most freelancers, free tools look professional enough.
S

SoloFinanceHub Team

Writing about Generative Engine Optimization, AI search, and the future of content visibility.

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